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Kuwait Bourse Experiences Decline Across All Indices

Kuwait city: Kuwait Bourse closed trading on Monday with the All Share Index losing 114.02 points, reaching 8,610.49 points, marking a decrease of 1.31 percent.

According to Qatar News Agency, the trading session recorded a volume of 401.2 million …

Qatar Team Prepares for Debut at 24 Hours of Le Mans in France

Doha: The Qatar team is preparing to participate for the first time in the 24 Hours of Le Mans, in its 94th edition, scheduled for June 13-14 at the Circuit de la Sarthe. The race features three main categories: Hypercar, LMP2, and LMGT3, with 62 cars…

Gold Extends Losses Amid US Rate-Hike Concerns

Doha: Gold prices extended losses on Monday on rising fears of a US rate hike after a strong jobs report. Spot gold fell 0.4% to $4,313.11 per ounce. Prices had already decreased about 3% on Friday, reaching the lowest point since March 24. US gold fu…

Oil Rises Over $2, US Crude Reaches $92.64 per Barrel

Doha: Oil prices were up more than $2 a barrel on Monday after eroding hopes for an end to the wider war and a restart to crude flows through the Strait of Hormuz. US crude futures were up $2.10, or 2.32%, at $92.64 per barrel, while Brent crude futur…